$3,799 Closing Credit*
$319,900
1,268 SqFt
3 Beds
•2 Full Baths
Jessica Wilson, Laura Burton, Listing Office: Keller Williams Preferred Realty
Is Flat River Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Flat River Township has remained a Seller's Market.
Key Takeaway
Flat River Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Flat River Township, NC
How much do homes in Flat River Township, NC cost?
Median Sold Price
$345,000
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$27,500(-7.4%)
Key Takeaway
Homes in Flat River Township have sold for 7.4% less than they did a year ago.
Summary: The median home sold price in Flat River Township was $345,000 in September 2024, down 7.4% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $149K | $396.2K | +165.9% |
| 3 Bedrooms | $370K | $358.5K | -3.1% |
| 4 Bedrooms | $440.2K | $322.9K | -26.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: Flat River Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 165.9%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 26.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Timberlake | $375K | $397K | +5.9% |
| Rougemont | $362.2K | $358.5K | -1.0% |
| Flat River Township | $372.5K | $345K | -7.4% |
| Mount Tirzah Township | $349.5K | $320K | -8.4% |
Housing Supply in Flat River Township, NC
How many homes are available in Flat River Township, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 25 | 23 | -8.0% |
Summary: The Flat River Township real estate market had 23 homes for sale in September 2024, a 8.0% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 19 | 19 | 0.0% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Flat River Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Flat River Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Flat River Township in September 2024, up by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Flat River Township, NC
How long does it take to sell a home in Flat River Township, NC?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 64 Days | 41 Days | -35.9% |
Summary: Homes in Flat River Township had an average of 41 days on market in Sep 2024, down by 35.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Flat River Township has remained consistent over time.
Summary: During September 2024, 8 homes were sold in Flat River Township; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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